Friday sermon: Beware of charlatans who claim to know the unseen



Believing in the unseen proves one's belief in Allah, today's sermon reminds worshippers.

"Allah the sublime has magnificently created the universe and made it infinitely expansive," the sermon says.

"He dispersed therein boundless worlds, and his knowledge encompasses all creatures and objects."

As a verse from the Quran points out: "No one in the Heavens and Earth knows the unseen except Allah."

Allah has disclosed some of the unknown realm to the Prophet Mohammed through the Quran, "which neither him nor his people could have ever known before".

Another Quranic verse states: "That is from the news of the unseen which we reveal to you, O Mohammed.

"You knew it not, neither you nor your people, before this. So be patient, indeed, the best outcome is for the righteous."

The Quran describes events that will happen in the future, such as the Day of Resurrection.

"But when there comes the deafening blast on the day a man will flee from his brother and his mother and his father for every man, that day, will be a matter adequate for him," the Quran says.

People should beware of sorcerers and charlatans who claim they know the unseen, the sermon warns.

"They trick people and illegally get their money ... No one knows the unseen except Allah.

"So be cautious not to seek them out, and kindly cooperate with the concerned authorities to report them because they pose a threat to the community and religion."

The Prophet Mohammed once said: "He who visits a diviner [Arraf] and asks him about anything, his prayers extending to forty nights will not be accepted."

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Manchester United 1 (Rashford 36')

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Man of the match: Marcus Rashford (Manchester United)

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Men's 100m T34: 1. Walid Ktila (TUN) 15 sec; 2. Rheed McCracken (AUS) 15.40; 3. Mohammed Al Hammadi (UAE) 15.75. Men's 400m T34: 1. Walid Ktila (TUN) 50.56; 2. Mohammed Al Hammadi (UAE) 50.94; 3. Henry Manni (FIN) 52.24.

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Based: Dubai, UAE

Industry: Smart contact lenses, augmented/virtual reality

Funding: $40 million

Investor: Opportunity Venture (Asia)

BANGLADESH SQUAD

Mashrafe Mortaza (captain), Tamim Iqbal, Liton Das, Soumya Sarkar, Mushfiqur Rahim (wicketkeeper), Mahmudullah, Shakib Al Hasan (vice captain), Mohammad Mithun, Sabbir Rahaman, Mosaddek Hossain, Mohammad Saifuddin, Mehidy Hasan Miraz, Rubel Hossain, Mustafizur Rahman, Abu Jayed (Reporting by Rohith Nair in Bengaluru Editing by Amlan Chakraborty)

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Started: 2023
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Based: Dubai, UAE
Industry: AI
Number of employees: 41
Funding: About $1.7 million
Investors: Self, family and friends

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Financing stage: Seed round ($12 million)

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How to keep control of your emotions

If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.

Greed

Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.

Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.

Fear

The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.

Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.

Hope

While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.

Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.

Frustration

Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.

Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.

Boredom

Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.

Tip: Open an online demo account and get your thrills without risking real money.


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